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JP Morgan analyst Christina Brathwaite questions $ANF about the drivers driving large traffic headwinds in the international business. CFO Joanne Crevoiserat says that there was a significant stepdown in traffic internationally, which was broad based. The European environment is very unsettled due to currency and lower tourism.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.